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Magnetic

SeedFunding signal
www.magnetictax.comB2BCA, USA
Market index

Market data is refreshed once per day from public sources. Information may be incomplete or outdated — verify independently before making decisions. This is not investment advice.

Investor read

Evidence-bound summary — expand sections for movement, risks, and signals.

Memo snapshot · May 20, 2026, 6:20 PM

Insufficient evidenceEvidence-bound analyst verdict
  • •Funding: Raised $500K across 1 funding round. Latest: $500K Seed (Jan 2025). Investors: Y Combinator.
  • •Named backers in indexed sources: Y Combinator.

What would change this read

  • →Open roles appearing would signal burn capacity and growth intent.
  • →Product launches or public engineering activity would evidence execution.

DealFlow OS uses public web data and automated enrichment. Research may be incomplete, outdated, or incorrect. Verify important information before making investment or outreach decisions.

TL;DR

Seed (YC)

Magnetic | Y Combinator AI tax prep for CPA firms; scans client documents into UltraTax, Drake, ProConnect.

Funding

Raised $500K across 1 funding round. Latest: $500K Seed (Jan 2025). Investors: Y Combinator. (High).

Quick read

  • •Magnetic | Y Combinator AI tax prep for CPA firms; scans client documents into UltraTax, Drake, ProConnect.
  • •Sector narrative limited in indexed snippets; verify on primary sources (ycombinator.com).

Key signals

Funding

Raised $500K across 1 funding round. Latest: $500K Seed (Jan 2025). Investors: Y Combinator. (High).

Product / news

Limited product/news coverage in corpus (Low).

Evidence summary

Verified facts

  • •Magnetic | Y Combinator AI tax prep for CPA firms; scans client documents into UltraTax, Drake, ProConnect.
  • •Sector narrative limited in indexed snippets; verify on primary sources (ycombinator.com).

Recent movers

  • •May 20, 2026 · ycombinator.com — Magnetic | Y Combinator
  • •May 20, 2026 · ycombinator.com — Magnetic | Y Combinator
  • •Y Combinator

Suggested next steps

  • ▸Run a manual rescrape or add sources before forming a view — the current corpus is too thin.

Funding & hiring signals

funding_articleConfidence: low

Magnetic | Y Combinator

AI tax prep for CPA firms; scans client documents into UltraTax, Drake, ProConnect.

Affected score: noObserved: May 20, 2026

Weak funding evidence: mention does not include a parsed raise amount/round and may refer to non-funding context.

Open roles (indexed)

No open roles indexed yet.

Public index
96Activity 98/100Strong public activity signal
7D-1 (-1.0%)
30D+19 (+24.7%)
High Confidence

The index price and activity score are algorithmic estimates based on observed public company-level signals. They may be incomplete, stale, or inaccurate and are not investment, legal, tax, or business advice.

Source health

  • public_page:customersok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:pricingok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:pressok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:newsok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:blogok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:jobsok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:careersok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:aboutok
    Last checked Thu, Jul 2, 03:25 PM
  • public_page:homeok
    Last checked Thu, Jul 2, 03:25 PM
  • githubok
    Last checked Mon, Jun 29, 02:12 AM
  • public_page:productok
    Last checked Mon, Jun 29, 02:12 AM
  • public_page:teamok
    Last checked Mon, Jun 29, 02:12 AM
  • public_page:newsroomok
    Last checked Mon, Jun 29, 02:12 AM
  • public_page:investorsok
    Last checked Mon, Jun 29, 02:12 AM
  • public_page:productsok
    Last checked Mon, Jun 29, 02:12 AM
  • public_page:changelogok
    Last checked Mon, Jun 29, 02:12 AM
  • public_market_enrichmentok
    Last checked Mon, May 11, 04:53 AM
  • public_page:_careers_software-engineer-applied-aiok
    Last checked Mon, May 11, 04:53 AM
  • public_page:_careersok
    Last checked Mon, May 11, 04:53 AM
  • public_page:_aboutok
    Last checked Mon, May 11, 04:53 AM
  • public_page:_ok
    Last checked Mon, May 11, 04:53 AM

Signal timeline

18 dated public signals · newest on the right

Funding
Hiring
Product
Code
Press
Company
Other
Dec 10, 2024Oct 2, 2025Jul 24, 2026
Funding (1)Hiring (2)Product (2)Code (5)Press (4)Company (2)Other (2)

Signal breakdown

Latest momentum signal per category. Expand a card to inspect raw payloads.

Public source summary

Total evidence rows
18
Latest evidence
Thu, Jul 2, 03:25 PM

Source types found

about_pageblogcareers_pagefunding_articlegithubhiringnewsofficial_siteotherpressproduct

Strongest / recent news-style rows

  • Magnetic | Y Combinator

    Wed, May 20, 06:20 PM · confidence 88%high quality

  • Magnetic resonance imaging

    wikipedia · Mon, Jun 29, 02:12 AM · confidence 50%medium quality

  • Magnetism

    wikipedia · Mon, Jun 29, 02:12 AM · confidence 50%low quality

Public signal timeline

Newest first · 18 event(s)

1
Wed, May 20, 06:20 PM · funding_article · 88% · verified_publichigh qualityMagnetic | Y Combinator

AI tax prep for CPA firms; scans client documents into UltraTax, Drake, ProConnect.

Source ↗
2
Mon, Jun 29, 02:12 AM · github · 55% · publicmedium quality@tonybonet/magnetic

Source: npm_registry

Pointer-tracking magnetic UI elements for React with spring physics and a shared orchestrator.

Source ↗
3
Mon, Jun 29, 02:12 AM · github · 55% · publicmedium quality@pipedream/magnetic

Source: npm_registry

Pipedream Magnetic Components

Source ↗
4
Mon, Jun 29, 02:12 AM · github · 55% · publicmedium qualityreact-magnetic-scroll

Source: npm_registry

react magnetic scroll component

Source ↗
5
Mon, Jun 29, 02:12 AM · github · 55% · publicmedium quality@stagyra/angular-magnetic-menu

Source: npm_registry

A reusable Angular 18+ magnetic sidenav-style menu component.

Source ↗
6
Mon, Jun 29, 02:12 AM · github · 55% · publicmedium qualityreact-magnetic-di

Source: npm_registry

Context driven dependency injection

Source ↗
7
Mon, Jun 29, 02:12 AM · other · 50% · publicmedium qualityMagnetic resonance imaging

Source: wikipedia

Source ↗
8
Thu, Jul 2, 03:25 PM · product · 45% · publiclow qualityMagnetic

Source: Customers

Magnetic

Source ↗
9
Thu, Jul 2, 03:25 PM · product · 45% · publiclow qualityMagnetic

Source: Pricing

Magnetic

Source ↗
10
Thu, Jul 2, 03:25 PM · news · 45% · publiclow qualityMagnetic

Source: Press

Magnetic

Source ↗
11
Thu, Jul 2, 03:25 PM · news · 45% · publiclow qualityMagnetic

Source: News

Magnetic

Source ↗
12
Thu, Jul 2, 03:25 PM · blog · 45% · publiclow qualityMagnetic

Source: Blog

Magnetic

Source ↗
13
Thu, Jul 2, 03:25 PM · hiring · 45% · publiclow qualityMagnetic

Source: Jobs page

Magnetic

Source ↗
14
Thu, Jul 2, 03:25 PM · careers_page · 45% · publiclow qualityMagnetic

Source: Careers page

Magnetic

Source ↗
15
Thu, Jul 2, 03:25 PM · about_page · 45% · publiclow qualityMagnetic

Source: About page

Magnetic

Source ↗
16
Thu, Jul 2, 03:25 PM · official_site · 45% · publiclow qualityMagnetic

Source: Homepage

Magnetic

Source ↗
17
Mon, Jun 29, 02:12 AM · other · 50% · publiclow qualityMagnetism

Source: wikipedia

Source ↗
18
Wed, May 20, 06:20 PM · press · 85% · verified_publiclow qualityFounding Engineer (Applied AI) — Magnetic

Hiring for applied AI engineering roles.

Source ↗

News

2 row(s)

Third-party press coverage. Independent reporting corroborates company claims; repeated coverage across outlets is a momentum signal.

other·Mon, Jun 29, 02:12 AM·Confidence 50%medium qualitypublic
Magnetic resonance imaging

Why it matters: Independent coverage — third-party corroboration of company claims; recurring coverage indicates rising visibility.

Open source ↗
other·Mon, Jun 29, 02:12 AM·Confidence 50%low qualitypublic
Magnetism

Why it matters: Independent coverage — third-party corroboration of company claims; recurring coverage indicates rising visibility.

Open source ↗

Funding / news

1 row(s)

Funding announcements and investor-database records. The strongest public signal of capitalization: round, amount, and syndicate quality when disclosed.

funding_article·Wed, May 20, 06:20 PM·Confidence 88%high qualityverified_public
Magnetic | Y Combinator

AI tax prep for CPA firms; scans client documents into UltraTax, Drake, ProConnect.

Why it matters: Funding signal — Seed per this source; verify against the linked original before relying on it.

Open source ↗

Hiring

2 row(s)

Open roles and careers pages. Active hiring implies runway to spend and shows where the company is investing (engineering vs GTM vs ops).

hiring·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Hiring signal — open roles imply runway to spend and show where the company is investing.

Open source ↗
careers_page·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Hiring signal — open roles imply runway to spend and show where the company is investing.

Open source ↗

GitHub

5 row(s)

Public engineering activity. Sustained commits, releases, and stars indicate real product development and, for dev tools, developer adoption.

github·Mon, Jun 29, 02:12 AM·Confidence 55%medium qualitypublic
@tonybonet/magnetic

Pointer-tracking magnetic UI elements for React with spring physics and a shared orchestrator.

Why it matters: Engineering signal — public repo activity evidences active development and possible developer adoption.

Open source ↗
github·Mon, Jun 29, 02:12 AM·Confidence 55%medium qualitypublic
@pipedream/magnetic

Pipedream Magnetic Components

Why it matters: Engineering signal — public repo activity evidences active development and possible developer adoption.

Open source ↗
github·Mon, Jun 29, 02:12 AM·Confidence 55%medium qualitypublic
react-magnetic-scroll

react magnetic scroll component

Why it matters: Engineering signal — public repo activity evidences active development and possible developer adoption.

Open source ↗
github·Mon, Jun 29, 02:12 AM·Confidence 55%medium qualitypublic
@stagyra/angular-magnetic-menu

A reusable Angular 18+ magnetic sidenav-style menu component.

Why it matters: Engineering signal — public repo activity evidences active development and possible developer adoption.

Open source ↗
github·Mon, Jun 29, 02:12 AM·Confidence 55%medium qualitypublic
react-magnetic-di

Context driven dependency injection

Why it matters: Engineering signal — public repo activity evidences active development and possible developer adoption.

Open source ↗

Social

7 row(s)

Social presence and mentions. A soft signal — useful for gauging attention and launch reception, not a substitute for verified traction.

product·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗
product·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗
news·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗
news·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗
about_page·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗
official_site·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗
press·Wed, May 20, 06:20 PM·Confidence 85%low qualityverified_public
Founding Engineer (Applied AI) — Magnetic

Hiring for applied AI engineering roles.

Why it matters: Attention signal — social mention or presence; soft signal of market interest.

Open source ↗

Blog

1 row(s)

Company blog and newsletters. Shipping cadence and technical depth of posts hint at product velocity and team quality.

blog·Thu, Jul 2, 03:25 PM·Confidence 45%low qualitypublic
Magnetic

Magnetic

Why it matters: Company publishing — post cadence and depth hint at product velocity.

Open source ↗

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